In a nutshell
Is your small business struggling to get off the ground? Or maybe you have the next great small business idea but don’t know where to start?
Monarch’s Certificate IV in Small Business Management (BSB42518) might be right for you. Built by the founders of some very successful small businesses, our course will give you everything you need to effectively manage a small business. You can even use your own small business as the model for the whole course, so when you complete it you have a fully-fledged business plan ready to go.
You’ll learn how to manage and improve your small business finances, who your target audience is and how to promote to them, what digital technology will help your business grow, and the laws and regulations you need to be aware of to avoid potential fines and penalties. Monarch’s team of small business trainers will be there to support you at every step of the way. You’ll love studying HR with Monarch.
What you’ll need
There are no formal entry requirements for this course.
Recognition of prior learning (RPL) may be available for skills and knowledge obtained through previous study or other relevant experience.
Subject summary
In this small business course, the subjects you may study include:
Module 1 Business planning
- BSBSMB401 — Establish legal and risk management requirements of small business
- BSBSMB402 — Plan small business finances
Module 2 Digital technology and your business
- BSBSMB423 — Create a digital technology plan for your small business
- BSBSMB404 — Undertake small business planning
Module 3 Small business marketing
- BSBCUS402 — Address customer needs
- BSBMKG413 — Promote products and services
- BSBADV408 — Review advertising media options
Module 4 Advanced business management
- BSBSMB421 — Manage small business finances
Why Monarch Institute?

Monarch Institute specialises in providing innovative, engaging courses with a focus getting you ready to work in the real world. Courses are designed by industry experts and delivered by professionals who continue to lead in their fields.
Monarch Institute has trained over 10,000 students across a range of nationally recognised and accredited courses. With Monarch, you’ll benefit from direct trainer support and trainers with the latest industry experience, and are available whenever you need them.
Students graduate with a distinct competitive advantage because respected employers help shape the courses. The four largest employers of Monarch graduates are the Commonwealth Bank, NAB, Deloitte and the ANZ Bank.
With Monarch Institute, you’ll get a different experience. You'll get the skills that employers really want, flexibility to study in a style to suit you, and unrivalled support that is delivered with care.
Monarch Institute prides itself on encouraging and supporting students to meet their educational goals. Whether you choose to study in the classroom or online, you will be supported by a range of professionals who are committed to helping you succeed. All course materials have been designed with access and equity issues in mind, and assessment techniques reflect the needs of multiple learning styles.
Monarch provides an array of services for students, including personal, educational and vocational counselling services; disability assistance; language, literacy and numeracy assistance; and student welfare and guidance services. It also offers services for Aboriginal or Torres Strait Islander students and students with disabilities or special needs in order to support them in meeting their learning goals.